Financial WWIII

Off the Microphone of RE

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Published on the Doomstead Diner on April 17, 2014

 

Snippet..

…The KEY here is the control of the Credit Creation apparatus basically centered on Wall Street and the City of London. There are other ancillary credit manufacturing franchises in places like Hong Kong, Singapore and Frankfurt, but the fact is all these places are beholden to the Demigods on Wall Street and the City of London.

For countries that are outside this apparatus, these days it is almost impossible for them to create their own Organic Credit system, this is why everybody doesn’t just Jump Ship off the Dollar tomorrow. The creation of this system took CENTURIES to develop, along with the Legal System that is attached to it that defines which contracts will be honored and under what set of laws, which actually vary somewhat between the City of London and Wall Street. Bad as Wall Street is with this shit, the City of London plays even more fast and loose with it, so you really have a bigger and more unstable House of Cards over there than on the Wall Street side of the Pond, though both are ridiculous Ponzis at this point and if either one goes, the other one goes with it…

For the rest, listen to the RANT!

RE

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